Pebblebrook Hotel Trust (PEB) Operating Expenses (2010 - 2026)
Pebblebrook Hotel Trust's (PEB) quarterly Operating Expenses came in at $349.9 million in Q2 2026, down 1.48% on a YoY basis from $355.1 million in Q2 2025, and up 3.64% quarter-over-quarter from $337.6 million in Q1 2026.
Analysis
Pebblebrook Hotel Trust (PEB) Operating Expenses (2010 - 2026) Analysis & Trends
Pebblebrook Hotel Trust (PEB) has reported Operating Expenses for 17 consecutive years, with $349.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 1.48% year-over-year to $349.9 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (up 2.59% YoY), and the FY2025 full-year result was $1.4 billion, up 4.56% from the prior year.
- Operating Expenses rose to $349.9 million in Q2 2026 per PEB's latest filing, from $337.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $421.8 million in Q3 2023 and bottomed at $300.5 million in Q1 2023.
- Historically, Operating Expenses has averaged $347.1 million across 5 years, with a median of $342.9 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 152.14% in 2022, then dropped 15.26% in 2024.
- Over 5 years, Operating Expenses stood at $331.4 million in 2022, then gained by 5.69% to $350.2 million in 2023, then gained by 2.85% to $360.2 million in 2024, then slipped by 5.57% to $340.2 million in 2025, then gained by 2.86% to $349.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $349.9 million, $337.6 million, and $340.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.80 Bn | 7.47 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.68 Bn | 3.67 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.07 Bn | 2.75 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.47 Bn | 2.37 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.06 Bn | 1.85 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.03 Bn | 1.86 Bn | 154.61 Mn | 349.90 Mn |
| 7 | RLJ Lodging Trust | 1.66 Bn | 739.34 Mn | - | 327.47 Mn |
| 8 | Xenia Hotels & Resorts | 1.66 Bn | 1.60 Bn | 97.24 Mn | 295.46 Mn |
| 9 | Summit Hotel Properties | 623.40 Mn | 938.55 Mn | 138.35 Mn | 170.27 Mn |
| 10 | Chatham Lodging Trust | 606.74 Mn | 635.57 Mn | 84.71 Mn | 72.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 349.90 Mn |
| Mar 31, 2026 | 337.61 Mn |
| Dec 31, 2025 | 340.16 Mn |
| Sep 30, 2025 | 408.93 Mn |
| Jun 30, 2025 | 355.15 Mn |
| Mar 31, 2025 | 327.50 Mn |
| Dec 31, 2024 | 360.23 Mn |
| Sep 30, 2024 | 357.47 Mn |
| Jun 30, 2024 | 336.14 Mn |
| Mar 31, 2024 | 315.45 Mn |
| Dec 31, 2023 | 350.24 Mn |
| Sep 30, 2023 | 421.84 Mn |
| Jun 30, 2023 | 309.54 Mn |
| Mar 31, 2023 | 300.52 Mn |
| Dec 31, 2022 | 331.38 Mn |
| Sep 30, 2022 | 364.48 Mn |
| Jun 30, 2022 | 345.58 Mn |
| Mar 31, 2022 | 335.73 Mn |
| Dec 31, 2021 | 266.56 Mn |
| Sep 30, 2021 | 239.44 Mn |